Business
Contaminated Fuel: MRS Fingers NNPC, Panama Firm

Following reports linking MRS Oil Nigeria Plc to recent contaminated Premium Motor Spirits (PMS) in the country, the company has accused Panama-based Duke Oil for the imported adulterated fuel.
MRS denied importing the substandard PMS, stating that importation of fuel into Nigeria was solely the responsibility of Duke Oil on behalf of NNPC, and that the contaminated fuel was distributed to various retailing companies.
Meanwhile, Duke Oil is a subsidiary of Nigeria National Petroleum Corporation (NNPC), acting as the government agency’s trading arm, which makes the firm the only importer of PMS into Nigeria.
The company was established about 32 years ago during the administration of Gen Ibrahim Babangida, with a registered designation of Sociedad Anonima, which means Anonymous Society.
Sociedad Anonima implies that shareholders of Duke Oil are largely unknown or secret, and its registered base is Panama, a central American country known for providing safe haven to money launderers.
This has raised eyebrows as to why a government agency such as NNPC is running a sole trading arm that is operating out of a money laundering country with secret shareholders.
In a filing to the Nigerian Exchange Limited on Wednesday, it was gathered that OVH, MRS, NIPCO, ARDOVA and TOTAL also received the contaminated fuel from NNPC, after landing in Apapa between the 24th and 30th of January, 2022.
The adulterated fuel was bought by Duke Oil from international trader, Litasco, and it has 20% methanol, an illegal substance in Nigeria, after it was delivered with Motor Tanker (MT) Nord Gainer.
“Following delivery into tank, it was observed that the product appeared hazy and dark.” MRS said, adding that “The product analysis revealed that the PMS discharged by MT Nord Ganier had 20% methanol, which is an illegal substance in Nigeria.
“As a Company, we are aware that alcohol/ethanol is not permitted to be mixed in PMS specification”, the oil and gas company wrote in the filing.
MRS said it has now halted further sales of fuel from its retailing stations, and awaits NNPC’s decision on replacing the contaminated fuel.
Business
Kenyan Runners Dominate Berlin Marathons
Kenya made it a clean sweep at the Berlin Marathon with Sabastian Sawe winning the men’s race and Rosemary Wanjiru triumphing in the women’s.
Sawe finished in two hours, two minutes and 16 seconds to make it three wins in his first three marathons.
The 30-year-old, who was victorious at this year’s London Marathon, set a sizzling pace as he left the field behind and ran much of the race surrounded only by his pacesetters.
Japan’s Akasaki Akira came second after a powerful latter half of the race, finishing almost four minutes behind Sawe, while Ethiopia’s Chimdessa Debele followed in third.
“I did my best and I am happy for this performance,” said Sawe.
“I am so happy for this year. I felt well but you cannot change the weather. Next year will be better.”
Sawe had Kelvin Kiptum’s 2023 world record of 2:00:35 in his sights when he reached halfway in 1:00:12, but faded towards the end.
In the women’s race, Wanjiru sped away from the lead pack after 25 kilometers before finishing in 2:21:05.
Ethiopia’s Dera Dida followed three seconds behind Wanjiru, with Azmera Gebru, also of Ethiopia, coming third in 2:21:29.
Wanjiru’s time was 12 minutes slower than compatriot Ruth Chepng’etich’s world record of 2:09:56, which she set in Chicago in 2024.